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Re: CrashCrew post# 8646

Tuesday, 08/31/2010 3:55:20 PM

Tuesday, August 31, 2010 3:55:20 PM

Post# of 11034
Those are possible reasons/excuses for the pps to be this low. But...the one thing to really take into consideration...HOW can you do DD on a company that does not have a working website. And from what I gather...their website hasn't been up in quite some time.

It does not cost very much to maintain a website...Yahoo can maintain a website for you for like $5/mo. Gee, now how hard could it be.

Another thing that gets me...they are two ppl running this company...roger that, but...how hard is it to typically fill out required documents and file them for the SEC so as the company does not get listed at a possible closure company?

And to answer a question IRT someone asking earlier about why file the reports...to keep ppl off their back whilst they figure out an exit strategy for the money that was given to them by the government for those million dollar contracts. The company got the contracts...not the owner of the company...so why not bail with the money and let the company take the hit for it? Even the IRS can't come after them...the IRS has to hit up the company. And if it's a shell company for some BS con-artists to the government...well then, there ya have it. That explains why the pps spiraled out of control from Jan (at .015) to Apr (at .004 when the shareholders newsletter was released) and now to '0003???
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